(NAFB.com) – A coalition representing farmers and the ethanol industry this week urged the Environmental Protection Agency to reject a recent petition by CVR Energy to alter the Renewable Fuel Standard’s credit trading program.

CVR Energy’s petition is a counterproductive proposal that would undermine the RFS and ultimately lead to higher prices for consumers, according to the group. CVR Energy has long sought to change the RFS, and in late December 2023 petitioned EPA to prohibit many businesses from possessing and trading Renewable Identification Numbers, or RINs. RINS are the credits that EPA uses to ensure obligated parties satisfy their obligations under the RFS.

In a letter to the EPA, the coalition states, “Altering the structure of the RIN system would have disastrous impacts on renewable fuel producers, fuel marketers and retailers, obligated parties, and consumers in the form of higher prices at the pump.” The letter was signed by the Renewable Fuels Association, the National Association of Convenience Stores, National Farmers Union, and others.